Business and Economic Fundementals

the economic sector represented by individually owned and operated businesses rather than government (2 Words)

3.

Assistance provided, usually in return for payment that satisfies needs or wants of people or businesses but that doesn't result in a product that can be touched

6.

is the quantity of goods/services that consumers are willing and able to buy at a particular price

7.

An item that can be seen and touched

8.

A person who owns shares in a corporation and is also called a stockholder.

9.

is the quantity of a good or service that producers can provide and determine by the costs of producing it and by the price people are willing to pay

Down

1.

the total value of all goods and services produced in a country during a specific period of time. (3 Words)

2.

the sector of the economy consisting of agencies or departments controlled by the different levels of government (2 Words)

4.

goods or services that are not necessary but are desired

5.

goods or services that are required for survival

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